NSFW Anon Archived US Army Tells Iraq It Is Preparing To "Move Out" Out Of "Respect For Sovereignty (zerohedge.com)
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Archived on: 4/6/2020 10:00:00 AM
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NSFW Anon Archived US Army Tells Iraq It Is Preparing To "Move Out" Out Of "Respect For Sovereignty (zerohedge.com)
submitted ago by 3597264?
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[–] 22034128? ago (edited ago)
Why are we holding so many Dinars? Or is that like pesos, where 20T equals out to about a buck seventy five?
[–] 22045685? ago
We stole it when a Dinar was backed by gold and it's a sovereign currency. When we did desert storm, we stole the bills and gold. Stealing gold from a gold backed nation makes the currency worthless. But if you know they'll take the country back, you know they need to accept that currency otherwise no one will trust the Treasury that's trying to come back.
So essentially we took it because it was seemingly worthless and about to be replaced by the USD, but we knew the world bank would crash soon and nations would return to a gold standard (which is why the Central Banking Gold Agreement expired 9/30/19), then you can buy the bills and trade them in for new bills when they deflate and revalue the Dinar to a fixed weight of gold based on what they have in both gold and Dinar.
We have bills "proposed" to do the same thing, return the USD to a fixed weight of gold and audit the fed. So buy old bills from any country you think can defend itself and produce a product as a nation, would be a good investment.
Zimbabwe is going to have the worlds largest gold reserves. UN hates that and ignored the president's speech in the fall.
[–] 22045890? ago
thanks
[–] 22034660? ago
It's about $16.7 billion
[–] 22036007? ago
Why are we holding Dinars? Is it to prop up their country? Can we just dump them and watch them eat sand?